Today’s Monday Question comes from Ken who asks:
“I’m a new Internet Marketer and like you, I plan to focus on blogging and affiliate marketing. I make about $500 a month now.
What’s the best way of doing this? I want to be the next Darren Rowse! I’m planning to quit my job by the end of the year after getting my bonus if this gig works out for me…”
It’s great to hear you’re taking action on your goals, Ken, especially as you’ve found that the Internet lifestyle gives you more options.
I don’t think newer Internet Marketers can successfully master two areas, unless you’re very disciplined. You probably should focus on one area.
Between blogging and affiliate marketing, although the two fields are related, I’d recommend you focus on affiliate marketing as that activity directly generates income. With blogging, income tends to be a secondary focus (unless you’re highly skilled at monetizing your blog).
I’m more concerned with the fact that you’re generating $500 from your Internet Marketing efforts now.
Have you calculated your monthly expenditure?
It could be in the range of $2,000 (if you’re single and living in a small community) to more than $5,000 a month.
So you might want to hold on to your “Quit your day job” ambition till your income stabilizes to a level you’re comfortable with before taking the big plunge.
Every Monday I answer readers questions in the “Monday Question” series. If you’ve a question, you can send it in via the contact form.
Note: Due to the volume of emails we receive, we may not be able to answer every question.